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The US dollar is turning in its worst performance since Nixon broke the Bretton Woods gold standard in 1973.

I maintain my long in GLD and added to it yesterday. Initiated TLT (20-year Treasury ETF) in expectation that our economy will cool.

1 posted on 09/03/2025 11:32:36 AM PDT by Miami Rebel
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To: Miami Rebel
Gold: The spot price has risen to approximately $3,542 per troy ounce, marking a YTD gain of about 42% from the January 1, 2025, starting price of around $2,500 per ounce. This aligns with broader market data showing gold up 41.92% year-over-year, but the YTD figure captures the surge from the year's start, including a peak above $3,500 in April.

Silver: The spot price stands at approximately $41.05 per troy ounce, reflecting a YTD gain of about 45% from the January 1, 2025, starting price of around $28.30 per ounce. This outperforms gold slightly, with recent analyses confirming 45% YTD returns amid a projected 149 million-ounce supply deficit and industrial demand exceeding 700 million ounces for the year. Metal Starting Price (Jan 1, 2025) Current Spot Price (Sep 3, 2025) YTD Percentage Gain Gold ~$2,500/oz ~$3,542/oz ~42%

Silver ~$28.30/oz ~$41.05/oz ~45% These figures are derived from real-time market tracking and analyst reports, with silver's higher volatility (due to its industrial exposure) contributing to its edge in percentage terms. Note that YTD gains can fluctuate intraday; for the most precise updates, refer to live spot prices from sources like Trading Economics or the World Gold Council. Investors should consider premiums on physical coins/bars and potential short-term pullbacks, as forecasts suggest continued upside (gold to $3,675/oz by Q4 2025, silver to $45/oz) but with risks from a stronger dollar or resolved trade tensions.

2 posted on 09/03/2025 11:44:26 AM PDT by JonPreston ( ✌ ☮️ )
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To: Miami Rebel

I have almost no gold unfortunately, and I think it may be too late.

it was $300 when I bought a bunch, then I sold it when it went to $1200 and never bought more

I wonder where Silver will end up, last 2x it hit $50 it dropped like a rock, I hope this time it is different


3 posted on 09/03/2025 11:46:09 AM PDT by algore
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To: Miami Rebel
I', glad that people can invest in gold. There are plenty of reasons to do so. First being that politicians have been derelict in running the nation for far too long, as if the problem will never come home to roost. They have also been spending out money to enrich the Democrat Party & their donors. The last being that the Democrat Party has created the problems of crime, and execution of an illegal invasion as they betrayed both the Constitution, as well as, the nation & her citizens.

But unlike you, I have faith that a majority of the nation's citizens will fight for this nation, and that this nation will once again become the strong powerful nation it had been since the turn of the 18th century to the 19th century.

4 posted on 09/03/2025 11:47:59 AM PDT by Robert DeLong
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To: Miami Rebel
Gold surges to record high Dollar drops to record low.
7 posted on 09/03/2025 11:55:57 AM PDT by T.B. Yoits
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To: Miami Rebel

The 2020s may well be remembered as the decade when fiat currencies died.


9 posted on 09/03/2025 11:58:06 AM PDT by Alberta's Child ("Although my eyes were open, they might just as well be closed.")
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To: Miami Rebel

It was 35 dollars an ounce in 1970.


13 posted on 09/03/2025 1:32:22 PM PDT by Revel
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To: Miami Rebel; All

Gold is at an all-time high—here’s what a Costco bar bought a year ago is worth now

https://www.cnbc.com/2025/09/03/gold-hits-record-high-what-costco-bar-bought-last-year-is-worth.html


18 posted on 09/03/2025 2:39:35 PM PDT by Tom Tetroxide (Psalm 146:3 "Do not trust in princes, in the Son of Man, who has no salvation.")
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